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Listing ID294475
Price$550,000
StatusPending
Acres 0.320
CountyHighlands
Year Built1982
Property TypeCommercial Sale
Property Sub TypeBusiness
Rare investment opportunity! Single concrete block building with 3 commercial spaces that are currently all occupied. Use one bay to run your own business while renting the other two to produce income! Or continue renting all 3! 7.5% current cap rate with room for growth. Bay 1 is 1500SF, Bay 2 is 1500SF, and Bay 3 is 2100SF. All 3 bays have drive-thru 14 foot roll up doors on each side, 20-foot ceilings, and individual exterior fenced areas on the back side of the building for additional storage or secured parking. Each bay has its own private bathroom and office space(s). All 3 sections currently have loft space constructed. City water, sewer, and dumpster. 10 parking spaces. ONE block off of US-27 in Lake Placid. Don’t miss out on this opportunity for your own business, or adding this great investment building to your portfolio!
© 2023 Heartland (Florida) MLS (HFMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of HFMLS. Real estate listings held by IDX Brokerage firms other than Advantage are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Listing courtesy of RE/MAX REALTY PLUS. Data last updated: Thursday, June 1st, 2023 at 09:00:14 AM.

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Advantage Realty #1

743 U.S. 27 South
Sebring, FL 33870
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